First National Bank to Build New Scottsdale Office
Hal-Grammer Construction begins work on a new First National Bank of Arizona office at the northwest corner of First Street and Scottsdale Road designed by Francis A. Schulz. The site previously housed Earl’s Market, tied to Earl Shipp who also owns the Scottsdale Main street lot with the current bank.
MENTIONED IN THIS ARTICLE
Hal-Grammer Construction Inc
First National Bank of Arizona
First Street
Scottsdale Road
Bank
Francis A. Schulz
Earl’s Market
Earl Shipp
Scottsdale and
Main
Scottsdale
First National
Shipp
Impossible to Sell Big Homes Goes Global in 1974 Market
Real estate experts note ultra large and unique properties can fetch buyers abroad. Exposure is key as foreign buyers value U.S. prices while faced with higher loan rates and shorter amortization periods. Show business properties often headline these international sales via Previews Inc.
MENTIONED IN THIS ARTICLE
Jackie Gleason
United States
Europe
W.E. .Mitchell
Spain
U.S
Open House Shivers Gauge Effect of Crisis
A Copley News Service column by James M. Woodard discusses how the energy crisis affects homes and real estate. It covers lower thermostat settings, insulation, caulking, and closing unused rooms to save fuel, with potential 2-3 percent savings per degree and up to 7 percent for a 10 degree night reduction. It notes security concerns as outside lighting is reduced, rising land values near developed areas, and a forecast of mortgage rates climbing to about 8.5 percent. Readers are invited to submit questions.
MENTIONED IN THIS ARTICLE
James M. Woodard
Federal Energy Administration
Congress
Scottsdale Real Estate Board to Host 12 Hour Seminar
The Scottsdale Real Estate Board will run a 12 hour seminar across six two hour Thursday sessions from 7 to 9 p.m. Topics include professionalism ethics appraising titles escrows mortgages FHA and VA conventional real estate law and a May 2 motivational seminar by Jesse Owens. The program is state approved earning 12 credit hours. Tickets are $2 at Kennedy Realty or Pioneer Title 4419 N Scottsdale Rd.
MENTIONED IN THIS ARTICLE
Scottsdale Real Estate Board
Dorothe Kennedy
Kennedy Realty
Pioneer
Scottsdale Rd
Senators propose 385 million housing plan for poor
Senators Cranston and Hart push a program to buy abandoned housing and repair it for rent or sale to urban poor. They seek a new agency called the neighborhood corporation funded by 35 million in Treasury stock and 350 million in public bonds to acquire federally financed homes. The plan aims for self sustaining income from rentals and sales.
MENTIONED IN THIS ARTICLE
Washington
UPI
Alan Cranston
D-Calif
Philip A. Hart
D-Mich
Treasury
Cranston
Forecasters cautious on 1974 economy amid shortages and inflation
Economic experts led by Dr. Oliver H. Jones note uncertainty for the rest of 1974. They foresee mild recession to modest growth, with high unemployment and inflation likely. Problems include oil shortages, material scarcities, and unclear government policy.
MENTIONED IN THIS ARTICLE
Oliver H. Jones
Mortgage Bankers Association of America
Federal National Mortgage Association
Commercial Bank
U.S
Buyers urged to guard title risk in subdivision homes
ALTA president warns buyers against assuming title issues are resolved. Examples in New Jersey Florida and Michigan show disputes can threaten ownership. Buyers should have contracts reviewed by an attorney and obtain both owner and lender title insurance to protect their stake.
MENTIONED IN THIS ARTICLE
The
American Land Titles Association
ALTA
Robert C. Dawson
New Jersey
Florida
Community’ Association
Phoenix Planning Director proposes updated subdivision ordinance
Planning Director John W. Beatty asks Phoenix City Council to revise the subdivision code to align with state statutes. The changes expand the minimum parcels to four, include condominiums and cemeteries, extend to land divisions under 36 acres, and sync with floodplain rules while clarifying city policies and setbacks. The council commissions detailed review with builders, engineers, and surveyors.
MENTIONED IN THIS ARTICLE
Phoenix
John W. Beatty
Beatty
Arizona
Planning Department
Marshall to address at Scottsdale Real Estate Luncheon
Jonathan Marshall publisher of the Scottsdale Daily Progress will speak on Dream or Disaster at the Scottsdale Real Estate Board Luncheon held Wednesday at the Holiday Inn. Marshall is past president of the Arizona Newspapers Association and chairs FOI and Legislative committees.
MENTIONED IN THIS ARTICLE
Jonathan Marshall
Scottsdale Daily Progress
Scottsdale Real Estate Board
Holiday Inn
Marshall
Arizona Newspapers Association
Freedom __of Information
the Progress
Arizona
Also Mentioned on This Page
New Bank
Scottsdale (Az
Daily Progress
Previews, Inc
Harry Schwartz
J. M. Woodard
Copley News Service
Jesse Owens
America
State
Poyson
Hwy
Switzerland
HUD
Aba Kost
Michigan
Dawson
Fountain Hills
McCulloch Properties, Inc
Phoenix Area
Bashas
Henry Alper
Camelback Road
Homebuilders’ Association
Engineers and Land Surveyors
Rancho Saguaro
Dawson Construction
Rancho Saguaro Models
Phoenix i
Home Security
E. Sheridan
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